$BTC

Market Performance & Institutional Demand

Bitcoin is trading near $108,200, down ~0.5% intraday, ranging between $109.6K and $107.6K. Institutional inflows remain strong—with ETFs seeing around $4.5B in July and total assets nearing $49B . BlackRock’s flagship BTC ETF boasts over $40B, and combined spot ETF assets exceed $90B.

Technical & Fundamental Indicators

BTC is consolidating between $100K–$110K, supported by a clear demand zone around $100–103K. A descending wedge suggests potential breakout toward the $110K+ range. On‑chain, long-dormant wallets moved $2B worth of BTC—but no signs of selling.

Outlook & Catalysts

Regulatory tailwinds—like the U.S. establishing a Strategic Bitcoin Reserve—enhance legitimacy. Analysts forecast mid‑year peaks between $115K to $130K, with year-end targets up to $200K.

Overall, Bitcoin remains firmly supported and primed for a potential rally, bolstered by institutional investment and favorable policy developments.